Don’t let this happen to your small business

English: Apalachicola, Fla., July 20, 2005 -- ...
FEMA photo/Andrea Booher (Photo credit: Wikipedia)

An iconic politician is auctioning off her silver tea set and other items to pay off a debt she owes to a school. A bus company faces liquidation if it does not repay a multi-million loan to its bank. A small business owner receives a red final notice for an overdue account from a debt collection agency – with grave warnings about loss of directorship under the companies act and sequestration.

A sign of the times. Consumers and businesses are finding it hard to pay back their debts as tough economic times continue without any end in sight.

The statistical release of February 2013, “Statistics of liquidations and insolvencies”, makes for concerning reading. A total of 271 liquidations were recorded in February 2013, showing a year-on-year increase of 35,5%. Continue reading “Don’t let this happen to your small business”

What you need to know about protecting your ideas

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(Photo credit: MikeBlogs)

You’ve worked damned hard to grow your brilliant idea into the tangible form of a product or service. What protection do you have to prevent others from copying it? Is it worth the trouble to seek copyright, patent or trademark protection?

If you’ve done your homework, and strongly believe that your idea is unique, then it’s worth taking a look at having your intellectual property legally protected. It could be worth the cost because your brilliant new product or service gives you your entry into the marketplace as well as a competitive edge. Continue reading “What you need to know about protecting your ideas”

Do you experience these struggles when trying to come up with profitable ideas?

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Introduction to my book, “Secrets of Generating Ideas For Profit: how to quickly and easily get viable business ideas”, by Chesney Bradshaw, published by Bell & Cray Business Books:

All it takes to make a million is to come up with a new idea for a product or service and you’ve got it made. A fantasy? Dream? A reality?

Small businesses, start-ups and solo entrepreneurs are coming up with new products and services all the time – just open up your business weekly or business section of your newspaper and you’ll see it. Or, go look around at shopping malls and see the number of new products that have been launched by small companies. Continue reading “Do you experience these struggles when trying to come up with profitable ideas?”

Where do you find ideas for nothing?

Ideas can make millions. Where do you find your million dollar idea?

Well, the first place you could look for ideas is your hobbies and interests. What have you done, are doing that could be turned into a profit machine?

Many entrepreneurs have got their new business ideas from their hobbies. Small businesses have been started from hobbies in baking, gardening, cycling, collecting share certificates – you name it – people have taken their hobbies, found a market for what they have to offer and slowly built successful businesses.

Ideas can come from problems and customer complaints. A young woman in Australia once heard a shop counter salesperson say, “If I had a dollar for every time someone asked for matte lipstick, I’d be rich.” Well, Poppy King listened and built a lipstick business. Listening can unearth a goldmine. Continue reading “Where do you find ideas for nothing?”

One overlooked secret to generating new ideas

It’s Tuesday today – the day that’s furthest away from Monday, the day when many feel at their lowest point of energy. It’s not for nothing that even songwriters have written about Monday blues such as “I don’t like Mondays”, “Manic Monday” and “Blue Monday”.

Interesting that songs about Tuesday are more upbeat: “Ruby Tuesday”, “Groovy Tuesday” and “Hooray for Tuesday”.

Mondays can drain our energy as we try to break away from the relaxed state of the weekend and recoil ourselves for the first day of the working week. Continue reading “One overlooked secret to generating new ideas”

What happened to entrepreneurial spirit? Finding the entrepreneur in you

Kalk Bay Harbour, Cape Town.
Kalk Bay Harbour, Cape Town. (Photo credit: Wikipedia)

When I was growing up in the seaside village of Kalk Bay, Cape Town, my father hired a spare outside room from the mother of a famous cricketer at the time.

The empty room was quickly filled with equipment that my brothers and I used for our watersports: surfboards, wetsuits, diving gear and fishing rods. I spent many hours in that room fixing surfboard dents or dings.

I didn’t know it then but this woman was being entrepreneurial by making some money on the side in her retirement years. Continue reading “What happened to entrepreneurial spirit? Finding the entrepreneur in you”

Where do you find the best business advice?

Sand dunes in the Namib-Naukluft National Park, Namibia. Older dunes are reddish and larger, newer dunes are yellow-brown.
Sand dunes in the Namib-Naukluft National Park, Namibia. Credit: Yathin S Krishnappa

A few months back I was advising an entrepreneur was eager to market his service to other small business people but his ideas to sell his Internet offering sucked. Rather than tell him so and risk hurting his feelings, I suggested that we would go speak to some prospects to find out what selling methods worked best with them.

A small business owner who had been running his deli business for a few years told the entrepreneur that the only marketing he would respond to would be direct contact. The entrepreneur needed to call him and let him know what he could do to help grow his business. Continue reading “Where do you find the best business advice?”

Ideas crisis: 3 lucrative tools you can use to instantly pump ideas

Idea - Foster's Chill Head
Idea – Foster’s Chill Head (Photo credit: fostersartofchilling)

Home owners faced the worst drought in half a century in the US. Water rationing and conservation became imperative. So what could home owners do about their lawns?

Many decided to paint their lawns with green organic dye. It’s incredible isn’t it, that homeowners would rather spray their lawns green than replace them with indigenous grasses or even endemic plants that need little water?

Although spraying residential lawns may be new, golf courses and athletic fields have used green spraying for years to get a more deep green lush appearance.

Dyeing grass makes water conservation screen around the gills but the point I’m making is that new ideas often come about when people face crises. They have to do something to change or respond to events. It brings challenges and opportunities.

Small business owners and start-ups aren’t usually looking for ideas to solve lawn water problems but they often need to come up with ideas in a hurry. Continue reading “Ideas crisis: 3 lucrative tools you can use to instantly pump ideas”

Ideaaccelerator.co.za founder introduces book on blogging for university students

How you can make money from bloggingFOR IMMEDIATE RELEASE
Ideaaccelerator.co.za founder introduces book on blogging for university students

25 March 2013, Bloemfontein – Ideaaccelerator.co.za founder Chesney Bradshaw has just published “How You Can Make Money From Blogging”, a guide for university students on making income online through blogs.

Written by Chesney Bradshaw, who has 10 years’ experience as a corporate Webmaster and four years blogging on innovation site ideaaccelerator.co.za, the book is designed to give university students practical advice and proven strategies to help them start blogs that can be turned into viable businesses. Continue reading “Ideaaccelerator.co.za founder introduces book on blogging for university students”

Time to tune up your sustainability skills at a fraction of the usual cost

I was looking at the cost of a basic university course in risk management and was shocked to see how much it costs. Basic three-year degrees cost as much as a top-of-the-range sedan. Not too long ago my son started a finance degree (he’s completed it) at a university and the rector in his opening address to parents remarked that the university had place for 22,000 students and had to turn away 12,000.

What a business to be in. Demand is strong despite the economy. Fees are so high that you are unable to pay for them unless you take out an education policy on the day your child is born or save for years for an amount that could buy you an apartment in a reasonably good area.

Education towards sustainability is even more expensive. At the high end, a basic one-day seminar on sustainability risk management costs up to R10,000.

For the start-up or small business, the costs of tuning up your skills in the area of sustainability can seriously challenge your non-existent training budget. Okay, that’s not to say that small businesses don’t invest in training. In fact, I was just looking at some information that showed small- to medium-size businesses invest the most money in skills.

How then do you find out the latest information, advice and techniques to take advantage of sustainability in your business? You’d be lucky to find any so-called “free” course on the market, and if you did, you will find that the information is heavily laced with sales messages for the service provider and their partners. Not only that but information is also often skewed towards forcing sustainability down suppliers’ throats. The materials have scant value to help a start-up or small business secure competitive advantage from sustainability practices.

Not all advice needs to come at a shockingly high price. One medium-size business reduced their energy consumption by 10% using a no-cost method that is so obvious but something that you won’t find on any sustainability course.

Another entrepreneurial business person in a dyed-in-the-wool business made one simple change to his process and his profits shot up.

For the costs of taking less than 30 seconds of your time, you can put your name down below and receive valuable regular tips, techniques, advice, suggestions that will help you tune-up your sustainability skills for a stronger competitive edge at a time when just that small difference can keep the wolf from the door and bring you improved profits.

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Last laugh

The bartender says “What’ll ya have?”

The climate scientist says, “I’ll have a beer.”

Turning his thumb towards the climate denier, he adds, “This jerk will have an extra strong hurricane. And no ice.”

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